Store and Site Sales Forecasting in the COVID-19 Environment

Posted by Sam Lowder on Jul 7, 2020 9:34:46 AM

In early 2020, the COVID-19 pandemic turned the world upside down. The normal routine of socializing, going to work, shopping and dining became social distancing, telecommuting and stay at home orders. 

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Topics: Model Builder, Bricks and Mortar Retail, Analyzing Retail Sites, Coronavirus, Sales Forecasting

June 26: Monthly U.S. Unemployment Update Amid COVID-19

Posted by Sam Lowder on Jun 26, 2020 9:01:36 AM
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Topics: Market Data, Data Partner, Retail Industry, Analyzing Retail Sites, Coronavirus, Site Selection Analysis

What's Coming with SiteSeer 3.0

Posted by Sam Lowder on May 28, 2020 2:06:14 PM

It’s been in the making for a while now, but we’re very excited to give you a sneak peek of what is coming with SiteSeer 3.0 in June 2020!

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Topics: Site Selection Software, Analyzing Retail Sites, Site Selection Analysis, Commercial Real Estate Analysis Software

How Psychographic Data Can Enhance Site Selection

Posted by Sam Lowder on Jan 10, 2020 2:15:00 PM

When you use a tool like SiteSeer, there are all kinds of different data types that can power the platform:

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Topics: Data Partner, Site Selection Software, Analyzing Retail Sites, Data Quality

Matching Sites to Retailers: Meet SiteSeer’s Retail Match

Posted by Sam Lowder on Dec 12, 2019 3:11:55 PM

When you’re in the business of leasing space or developing shopping centers, there’s one issue that probably matters to you more than just about any other: how can you find the best tenants to fill your space?

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Topics: Void Analysis, Retail Industry, Landlord Rep Brokers & Owners Industry, Tenant Rep Brokers & Developers Industry, Analyzing Retail Sites, Retail Match

4 Best Practices in Site Selection

Posted by Sam Lowder on Dec 2, 2019 4:45:00 AM

Every day, we talk with retail companies, franchise organizations, and other businesses that want to select sites that give them the best potential for profitability and success. Here’s the stark truth: most companies have room for improvement when it comes to site selection. And as we all know, hindsight is 20/20. It’s very easy to think back and wish that you knew certain things about a site when you chose it. While you should be wary of any company that promises a methodology or tool that sounds a lot like a crystal ball, there are certain things you can do to choose better sites in the future and minimize costly mistakes.

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Topics: Retail Industry, Tenant Rep Brokers & Developers Industry, Retail Site Selection, Artificial Intelligence, Analyzing Retail Sites

Choosing the Right Trade Area

Posted by Sam Lowder on Nov 25, 2019 3:02:54 PM

Throughout our many years in retail real estate research, we’ve heard businesses of all types simplify the assessment of their business’s trade area. So often, we hear economic developers and retailers describe their trade area as a certain-mile radius around a site, but in reality, there are many different ways to delineate a trade area.

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Topics: Retail Data Analysis, Retail Trade Area, Real Estate Analytics Tool, Analyzing Retail Sites

Site Selection, AI Modeling, and Unrealistic Expectations

Posted by Sam Lowder on Oct 18, 2019 5:00:00 AM

Maybe you’ve seen companies making bold claims about their site selection software lately.  Thousands of sites accurately forecasted…in mere seconds! If you’re wondering whether technological advancements have replaced the analyst and single-site sales forecasting, allow us to put it simply: no.    

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Topics: Retail Industry, Retail Site Selection, Site Selection Software, Artificial Intelligence, Analyzing Retail Sites

Site Selection in the Era of Artificial Intelligence

Posted by Sam Lowder on Aug 16, 2019 3:45:14 PM

For a long time, site selection has been a combination of art and science.  Site selection data and science became commonplace in the 1990s, but until the last decade or so, judgment, experience, and gut feel drove many retailers’ decisions about where to locate (and the reasons to do so).

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Topics: Retail Predictions, Retail Industry, Retail Site Selection, Site Selection Software, Artificial Intelligence, Analyzing Retail Sites, Analytics Solution, Machine Learning

FAQs About Drive Time Trade Areas in Retail Site Selection

Posted by Sam Lowder on Jul 30, 2019 9:30:00 AM

In early 2019, SiteSeer made major updates to our flagship software, SiteSeer Professional, including the installation of the latest version of Freeway, a third-party plugin by partner Applied Spatial Technology. Freeway provides the calculations behind the drive-time trade area boundaries you see in SiteSeer.

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Topics: Retail Trade Area, Site Selection Software, Analyzing Retail Sites